1, FROME PLACE, CRAMLINGTON, NE23 1TE - £235,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 FROME PLACE is a very large extended detached house of 147m², built sometime between 1996 and 2002. It was last sold for £235,000 in June 2017, which was around 6% below the average June 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was C.

1 FROME PLACE Sold Prices

Land registry data shows two sales for 1 FROME PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 1 FROME PLACE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 14 JUN	£235,000	£250,125	6% below HPI
2002 20 MAR	£89,000	£116,971	24% below HPI

1 FROME PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 1 FROME PLACE sales from March 2002 and June 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2002 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2017 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 1 FROME PLACE?

1 FROME PLACE is 147m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 20% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 1 FROME PLACE lies on this distribution: 87% of detached houses are smaller than 1 FROME PLACE, and 12% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

1 FROME PLACE: Plot and Title Map

1 FROME PLACE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 1 FROME PLACE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 FROME PLACE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 FROME PLACE?

1 FROME PLACE is located in CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 1 on FROME PLACE.